In 2023, Nicaragua’s number one most exported product was gold. This raw, semi-manufactured or powdered commodity contributed approximately 1.1 billion U.S. dollars to the Nicaraguan total export value. At around 609 million dollars, coffee was the second most exported product in Nicaragua. It was followed by frozen, fresh, and refrigerated bovine meats that, combined, made up roughly 690 million dollars of the exported value for this Central American country. In addition to being the most important export products for Nicaragua, both gold and coffee, were among the top ten most exported goods in Central America.
Nicaragua’s leading trade partners
Whereas several Central American countries were among the lead trading partners of Nicaragua, it was the United States that led the list. The United States was by far the main trade partner of Nicaragua, both in terms of import and export, exceeding a total trade value of 6.8 billion U.S. dollars in 2022. In the case of China, however, the trade balance is rather uneven, as Nicaragua imported significantly more than it exported. This means that China is among the top ten main destinations of Nicaraguan exports, but not on the list of origin countries regarding imports.
Decline in Nicaraguan trade balance
The above-mentioned gap between import and export value in the case of China becomes even more relevant when looking at the trade balance of goods in Nicaragua over the past 10 years. Despite experiencing small fluctuations, Nicaragua has not registered a single trade surplus (positive trade balance) since 2012. The trade deficit in 2022 has, however, only slightly increased compared to the previous year.
In 2023, the main imported product in Nicaragua was petroleum, with a total import value of approximately 834.5 million U.S. dollars. Crude oils made up the second most imported product category, at nearly 605 million U.S. dollars. Medicines ranked third, accounting for almost 420 million U.S. dollars' worth of imports in Nicaragua.
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Nicaragua Exports of ceramic products was US$2.5 Million during 2023, according to the United Nations COMTRADE database on international trade. Nicaragua Exports of ceramic products - data, historical chart and statistics - was last updated on July of 2025.
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Chile Exports of miscellaneous chemical products to Nicaragua was US$659.01 Thousand during 2023, according to the United Nations COMTRADE database on international trade. Chile Exports of miscellaneous chemical products to Nicaragua - data, historical chart and statistics - was last updated on July of 2025.
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Bulgaria Exports of miscellaneous chemical products to Nicaragua was US$134.23 Thousand during 2024, according to the United Nations COMTRADE database on international trade. Bulgaria Exports of miscellaneous chemical products to Nicaragua - data, historical chart and statistics - was last updated on June of 2025.
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Nicaragua Exports of pharmaceutical products was US$19.39 Million during 2023, according to the United Nations COMTRADE database on international trade. Nicaragua Exports of pharmaceutical products - data, historical chart and statistics - was last updated on July of 2025.
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United States Exports of ceramic products to Nicaragua was US$1.32 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of ceramic products to Nicaragua - data, historical chart and statistics - was last updated on June of 2025.
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China Exports of miscellaneous chemical products to Nicaragua was US$29.93 Million during 2024, according to the United Nations COMTRADE database on international trade. China Exports of miscellaneous chemical products to Nicaragua - data, historical chart and statistics - was last updated on July of 2025.
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France Exports of miscellaneous chemical products to Nicaragua was US$297.29 Thousand during 2023, according to the United Nations COMTRADE database on international trade. France Exports of miscellaneous chemical products to Nicaragua - data, historical chart and statistics - was last updated on June of 2025.
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Uruguay Exports of miscellaneous chemical products to Nicaragua was US$82.95 Thousand during 2022, according to the United Nations COMTRADE database on international trade. Uruguay Exports of miscellaneous chemical products to Nicaragua - data, historical chart and statistics - was last updated on June of 2025.
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Belgium Exports of miscellaneous chemical products to Nicaragua was US$277.77 Thousand during 2024, according to the United Nations COMTRADE database on international trade. Belgium Exports of miscellaneous chemical products to Nicaragua - data, historical chart and statistics - was last updated on July of 2025.
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Nicaragua Exports of miscellaneous chemical products to Peru was US$58.38 Thousand during 2023, according to the United Nations COMTRADE database on international trade. Nicaragua Exports of miscellaneous chemical products to Peru - data, historical chart and statistics - was last updated on June of 2025.
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Nicaragua Exports of miscellaneous chemical products to Costa Rica was US$1.79 Million during 2023, according to the United Nations COMTRADE database on international trade. Nicaragua Exports of miscellaneous chemical products to Costa Rica - data, historical chart and statistics - was last updated on June of 2025.
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Uzbekistan Imports of miscellaneous chemical products from Nicaragua was US$499 during 2022, according to the United Nations COMTRADE database on international trade. Uzbekistan Imports of miscellaneous chemical products from Nicaragua - data, historical chart and statistics - was last updated on June of 2025.
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Nicaragua Exports of dairy products, eggs, honey, edible products to New Zealand was US$65.12 Thousand during 2015, according to the United Nations COMTRADE database on international trade. Nicaragua Exports of dairy products, eggs, honey, edible products to New Zealand - data, historical chart and statistics - was last updated on June of 2025.
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New Zealand Exports of pharmaceutical products to Nicaragua was US$428 during 2017, according to the United Nations COMTRADE database on international trade. New Zealand Exports of pharmaceutical products to Nicaragua - data, historical chart and statistics - was last updated on June of 2025.
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Nicaragua Exports of soap, organic surface-active products, paper, wadding coated with soap to Haiti was US$190.74 Thousand during 2022, according to the United Nations COMTRADE database on international trade.
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Russia Exports of ceramic products to Nicaragua was US$13.22 Thousand during 2017, according to the United Nations COMTRADE database on international trade. Russia Exports of ceramic products to Nicaragua - data, historical chart and statistics - was last updated on July of 2025.
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Nicaragua Imports of Dairy products, eggs, honey, edible products was US$64.59 Million during 2023, according to the United Nations COMTRADE database on international trade. Nicaragua Imports of Dairy products, eggs, honey, edible products - data, historical chart and statistics - was last updated on June of 2025.
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United States Exports of pharmaceutical products to Nicaragua was US$41.73 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of pharmaceutical products to Nicaragua - data, historical chart and statistics - was last updated on May of 2025.
In 2023, Nicaragua’s number one most exported product was gold. This raw, semi-manufactured or powdered commodity contributed approximately 1.1 billion U.S. dollars to the Nicaraguan total export value. At around 609 million dollars, coffee was the second most exported product in Nicaragua. It was followed by frozen, fresh, and refrigerated bovine meats that, combined, made up roughly 690 million dollars of the exported value for this Central American country. In addition to being the most important export products for Nicaragua, both gold and coffee, were among the top ten most exported goods in Central America.
Nicaragua’s leading trade partners
Whereas several Central American countries were among the lead trading partners of Nicaragua, it was the United States that led the list. The United States was by far the main trade partner of Nicaragua, both in terms of import and export, exceeding a total trade value of 6.8 billion U.S. dollars in 2022. In the case of China, however, the trade balance is rather uneven, as Nicaragua imported significantly more than it exported. This means that China is among the top ten main destinations of Nicaraguan exports, but not on the list of origin countries regarding imports.
Decline in Nicaraguan trade balance
The above-mentioned gap between import and export value in the case of China becomes even more relevant when looking at the trade balance of goods in Nicaragua over the past 10 years. Despite experiencing small fluctuations, Nicaragua has not registered a single trade surplus (positive trade balance) since 2012. The trade deficit in 2022 has, however, only slightly increased compared to the previous year.